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SPN

Superior Energy

$3.79

-0.07 (-1.81%)

08:35
12/19/18
12/19
08:35
12/19/18
08:35

Superior Energy downgraded to Neutral at Credit Suisse

As previously reported, Credit Suisse analyst James Wicklund downgraded Superior Energy to Neutral from Outperform as he updates his sector-wide macro forecasts for a lower expected oil price. In 2019, the analyst sees the overall U.S. rig count declining by about 5%, a 5% decline in completions and a 3% decline in pressure pumping horsepower needed. Wicklund also lowered his price target on the shares to $4.50 from $10.

  • 10

    Feb

SPN Superior Energy
$3.79

-0.07 (-1.81%)

12/19/18
FBCO
12/19/18
DOWNGRADE
FBCO
Neutral
Superior Energy downgraded to Neutral from Outperform at Credit Suisse
12/13/18
RAJA
12/13/18
DOWNGRADE
RAJA
Market Perform
Superior Energy downgraded to Market Perform from Strong Buy at Raymond James
12/11/18
JPMS
12/11/18
DOWNGRADE
JPMS
Underweight
Superior Energy downgraded to Underweight from Neutral at JPMorgan
JPMorgan analyst Sean Meakim downgraded Superior Energy to Underweight without a price target. The analyst moderated the pace of U.S. activity in his earnings models for 2019. While near-term cash flow is possible, the company's long-term solutions are "more challenging without a better macro," Meakim tells investors in a research note.
12/03/18
BOFA
12/03/18
DOWNGRADE
BOFA
Underperform
Superior Energy downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill analyst Chase Mulvehill downgraded Superior Energy to Underperform and trimmed its price target to $5 from $5.45 to reflect the recent fall in oil prices.

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